Iselin, NJ – November 30, 2017. FAST, a leading software company for the life and annuity industry, announced today that it has won the XCelent Award for Advanced Technology in Celent’s ABCD Vendor View for North American Life Insurance and Annuity Policy Administration Systems for 2017.
The Celent report has been issued biennially since 2005 and offers Celent’s perspective on policy administration systems offered in North America. FAST has been cited as a winner for Advanced Technology in the past three reports.
“We put a great deal of time and effort into the assessment. FAST should be proud. I’m encouraged by their progress in the market and I expect it will continue,” said Tom Scales, Head of the Americas for Life and Health at Celent.
“At FAST, we believe that architecture is the key to having the best system in a digital world. This award is obviously a validation of our technical approach,” said Tom Famularo, CEO of FAST. “With our continued investments in things like mobile, analytics and IoT, we plan to remain a leader in insurance technology for years to come.”
FAST, which stands for “Flexible Architecture, Simplified Technology,” is a privately-held company located in Iselin, NJ. FAST focuses on solving the challenges our financial services and insurance clients face as they seek to modernize their systems environments or completely replace legacy systems. Visit: www.fasttechnology.com